Dow 24,150 was base, 24,570 (weak) and 24,990 strong.
S&P 2,640 is our base and 2,684 is weak and 2,728 is strong:
Nas 6,700 is base and 6,750 is weak and 6,800 is strong:
RUT 1,512 is base and 1,529 (not 19) is weak and 1,544 is strong
So the Nas made the strong bounce but not the rest and now we'll have to see what happens over the weekend. Don't forget the death cross for the Nas – we predicted for next Tuesday, when the 20 dma crosses below the 50 dma at around 6,700 – that's what they are trying to avoid by pumping it back up but it can't be stopped now – only put off a day or two.
March 2nd, 2018 at 4:00 pm
At the close:
So the Nas made the strong bounce but not the rest and now we'll have to see what happens over the weekend. Don't forget the death cross for the Nas – we predicted for next Tuesday, when the 20 dma crosses below the 50 dma at around 6,700 – that's what they are trying to avoid by pumping it back up but it can't be stopped now – only put off a day or two.